ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED
INSURANCE COMPANIES OF INDIA – ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED
ICICI Prudential Life Insurance Company is one of the top 10 Indian Insurance Companies. It is also one of the leading international financial services group headquartered in the United Kingdom (UK). ICICI Prudential was amongst the first private sector life insurance companies to begin operations in December 2000 and after that receiving approval from Insurance Regulatory Development Authority (IRDA).
ICICI Prudential Life’s capital stands at Rs. 4,780 crore with ICICI Bank and Prudential plc holding 74% and 26% stake respectively. For the period 1 April, 2010 to 30 Sept.2010, the company garnered About Rs.7,267 crores of total premiums and has underwritten over 10 million policies since inception. The company has a large network of over 1500 offices and over 1,60,000 advisors, as on 30 Sept. 2010.
ICICI Prudential’s life insurance products may be are categorized under four type of forms Such as Life Plans (further categorised into Term Plans and Wealth Plans), Child Plans, Retirement Plans and also Health Plans.